Reviewed listing: NYSE:FEDU · Analysis dated Oct 22, 2026
How does the company make money?
Four Seasons Education provides educational trips, learning programs, and related services in China. The security traded is an American depositary share, or ADS; each ADS represents ten ordinary shares of the holding company.
What supports the business?
In the fiscal year through February 28, 2026, operating income turned positive at 6.737 million CNY. Operating cash inflow increased from 20.005 to 30.029 million CNY. The improvement is visible in the original figures.
What could improve?
A stable education and travel business and value-preserving management of financial investments could benefit shareholders. The key is that this actually generates income available to the publicly traded holding company.
How is the stock price assessed?
This assessment refers to the analysis and its quoted price shown here. It is not a live quote or a personal recommendation to buy.
10.48 USD per ADS imply a market capitalization of around 23.7 million USD. This is well below historical book equity, but restricted funds and hard-to-assess assets are not a guaranteed payout. A reliable current price ceiling remains unclear.
What is the main risk?
A large part of the business is controlled through Chinese entities on the basis of contracts. Regulatory intervention, the enforceability of these rights, restricted funds, and fluctuating investment values can greatly reduce the apparent asset-value advantage.
What is the overall assessment?
Four Seasons Education has substantial balance-sheet assets and has improved operating earnings. However, its high reported profit, Chinese contractual structure, and now-dated balance sheet do not yet support a reliable positive price assessment for the ADS at 10.48 USD.
Continue exploring this stock in your account
A free Marqora account gives you the detailed analysis with further evidence and lets you compare and save stocks. Your selected stock is kept when you sign in or register.
Open the full analysis in a free account →
Already have an account? Sign in